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India for boosting intra-BRICS trade through stronger value chains

Intra-BRICS trade has surged significantly, reaching USD 1.17 trillion. However, this represents only about 5 percent of global trade. This highlights substantial untapped potential for deeper integration and stronger value chains among member nations. Discussions focused on achieving more balanced trade and exploring new service sector opportunities. India's exports to BRICS countries are projected to grow.

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timesofindia.indiatimes.com

economictimes.indiatimes.com

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economictimes.indiatimes.comStai leggendo1 mesi fa

India for boosting intra-BRICS trade through stronger value chains

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timesofindia.indiatimes.com1 mesi fa

India-Brics trade booms to $416 billion, but deficit keeps rising

India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s imports. However, this growing trade also reflects a bigger problem: India is relying more…

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sabato 16 maggio 2026·timesofindia.indiatimes.com
India-Brics trade booms to $416 billion, but deficit keeps rising
India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s imports. However, this growing trade also reflects a…
sabato 16 maggio 2026·economictimes.indiatimes.com
India for boosting intra-BRICS trade through stronger value chains
Intra-BRICS trade has surged significantly, reaching USD 1.17 trillion. However, this represents only about 5 percent of global trade. This highlights substantial untapped…